Portfolio Manager or Senior Portfolio Manager

Less than 5 years experience  •  Accounting, Finance & Insurance

Salary depends on experience
Posted on 06/21/18
Albany, NY
Less than 5 years experience
Accounting, Finance & Insurance
Salary depends on experience
Posted on 06/21/18

Job Description

This position may be hired at either a PM or SR PM based on the candidate's experience and qualifications.

About the Job
The Portfolio Manager provides relationship management support for assigned portfolio of clients who are clients and prospects who are primarily active commercial real estate owners, investors and developers.
Portfolio Managers work in strong partnership with Relationship Managers to provide comprehensive financial advice and solutions that enable the clients to meet their financial objectives and utilize the full breadth of Key’s product platform. Portfolio Managers help drive the financial performance of the team’s revenue and risk management goals through portfolio management activities including credit monitoring, file maintenance, on-going covenant compliance verification, business development and lending/sales support, and operational support.

Essential Job Functions
Proactively manages the portfolio to both maximize profitability and ensure strong asset quality through consistent and timely identification and resolution of issues as well as accurate assessment and assignment of loan risk ratings. Assists in resolving out-of-balance and/or other default situations which may occur in the portfolio.
Assists and supports in structuring and facilitating credit and non-credit product delivery while demonstrating sound risk management and maximizing risk adjusted returns on shareholder capital (assess the materiality of risks and appropriately mitigate/match with transaction return expectations).
Actively supports Key’s asset generation strategy which balances risk and return. Supports the team’s consultative process to deepen existing relationships, on-board new relationships and exit unprofitable relationships. Participates in call preparation.
Serves as the trusted advisor the clients and prospects. Establishes strong credibility with internal and external stakeholders (clients, colleagues, credit, and servicing) based on sound judgment and accurate and timely information sharing. Shares constructive and regular feedback with teammates and stakeholders.
Partners effectively with Credit, Product Partners, Closers, Servicing, technical services, and other partners to identify cross-sell opportunities and deepen client relationships as well as solve internal obstacles and deliver a seamless execution.
Provides analysis of business and personal financial statements, and identification of transaction strengths and weaknesses to inform the deal structures, pricing and terms.
Delivers timely and accurate completion of write-ups, loan recommendations and structuring, analysis of business and personal financial statements, identification of transaction strengths and weaknesses.
Analyzes and underwrites construction and interim loans to the requirements as set forth by KeyCorp credit policy.
Coordinates and completes annual reviews, loan renewals, quarterly portfolio reviews, and asset quality reports on a timely basis. Monitors assigned portfolio for adherence to approved loan requirements and manage past dues, requirement ticklers, portfolio follow-up, credit files, etc. Works with Portfolio Services department to facilitate completion of annual reviews and property inspections, monitoring of covenant compliance and other items to secure the Banks position and avoid potential losses.
Participates in community and professional organizations which enhance our expertise and profile.

Required Qualifications - Portfolio Manager
Bachelor’s Degree in accounting, finance or related field, or equivalent experience
At least 2 or more years of finance related experience
Strong proficiency in MS Office suite, spreadsheets, Internet applications, and common business software
Demonstrated ability to communicate effectively in both written and verbal communications
CRE experience is preferred (not required)

Required Qualifications - Senior Portfolio Manager
Bachelor's Degree in accounting, finance or related field, or equivalent experience
A minimum of 3-5 years of finance related experience, preferably in real estate finance
Strong proficiency in MS Office suite, spreadsheets, Internet applications, and common business software
Demonstrated ability to communicate effectively in both written and verbal communications
CRE experience is preferred (not required).

28840BR

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